Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF) Rating Lowered to “Underperform” at Royal Bank Of Canada

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF) was downgraded by Royal Bank Of Canada from a “sector perform” rating to an “underperform” rating in a research note issued to investors on Tuesday, Marketbeat reports.

Beiersdorf Aktiengesellschaft Stock Performance

BDRFF opened at $92.35 on Tuesday. The company’s 50-day simple moving average is $111.56 and its two-hundred day simple moving average is $109.39. Beiersdorf Aktiengesellschaft has a 52-week low of $92.35 and a 52-week high of $148.33.

Beiersdorf Aktiengesellschaft Company Profile

Beiersdorf Aktiengesellschaft is a global consumer goods company headquartered in Hamburg, Germany, with a history dating back to its founding in 1882 by pharmacist Paul C. Beiersdorf. The company is best known for its skincare brands, including NIVEA, Eucerin, La Prairie and Labello, as well as its tesa division, which produces self-adhesive products and industrial tapes. Over its long history, Beiersdorf has built a reputation for innovation in dermatological research and product development, introducing pioneering formulations that span mass-market and premium segments.

The company’s operations are organized into two main business divisions.